Filing Flows › Tecnoglass Holdings (TGLS) › Q2 2025
Tecnoglass Holdings (TGLS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Tecnoglass Holdings (TGLS) reported revenue of $256M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +15% from the quarter before. Operating margin was 24.0%, net earnings $44.1M (17.3% of revenue).
Tecnoglass Holdings, Q2 2025: revenue $256M (+16% year over year), operating margin 24.0%, net earnings $44.1M, operating cash flow $17.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $256M | +15% | +16% |
| Gross profit | $114M | +17% | +28% |
| Operating profit | $61.2M | +3% | +20% |
| Net earnings | $44.1M | +4% | +26% |
| Operating cash flow | $17.9M | -62% | -48% |
| Free cash flow | $474K | — | -97% |
What changed
Revenue was $255.5M in Q2 2025, up 16% year over year and up 15% from the previous quarter. Commercial was the largest line at 57% of revenue. Commercial added $22.0M year over year (up 18%), 61% of the total change.
Gross margin was 44.7%, up 4.0 points from a year earlier. Operating profit was $61.2M, a 24.0% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 23% margin then. Operating expenses grew 38% against revenue growth of 16%. The fastest-growing cost line was Sales & marketing (+49%). Net earnings were $44.1M, up 26% year over year. The effective tax rate was 29.2%.
Operating cash flow was $17.9M (down 48% year over year), 41% of net earnings. Non-cash charges added back $9.1M of depreciation and amortization. Working capital and other items used $35.4M. After acquisition of property and equipment, net ($17.4M), free cash flow as the company reports it was $474K.
Questions
What was Tecnoglass Holdings' revenue in the second quarter 2025?
Tecnoglass Holdings (TGLS) reported revenue of $256M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +15% from the quarter before.
Was Tecnoglass Holdings profitable in the second quarter 2025?
Operating profit was $61.2M (24.0% of revenue) and net earnings $44.1M.